CORNING, NY, July 23, 2020 (GLOBE NEWSWIRE) — Corning Incorporated (NYSE: GLW) today introduced its latest breakthrough in glass technology, Corning^® Gorilla^® Glass Victus™. Built on more than a decade-long legacy of delivering tough glasses for smartphones, laptops, tablets, and wearables, Gorilla Glass Victus provides consumers and OEMs with significantly better drop and scratch performance compared to competitive aluminosilicate glasses from other manufacturers.

“Corning’s extensive consumer research has shown that improved drop and scratch performance are key components of consumer purchasing decisions,” said John Bayne, senior vice president and general manager, Mobile Consumer Electronics.

In three of the largest smartphone markets in the world – China, India, and the United States – durability is one of the most important purchase considerations for smartphones, second only to the device brand. When tested against features such as screen size, camera quality, and device thinness, durability was twice as important, and consumers were willing to pay a premium for improved durability. Additionally, Corning has analyzed feedback from more than 90,000 consumers indicating that the importance of drop and scratch performance has nearly doubled in seven years.

“Dropped phones can result in broken phones, but as we developed better glasses, phones survived more drops but also showed more visible scratches, which can impact the usability of devices,” Bayne said. “Instead of our historic approach of asking our technologists to focus on a single goal – making the glass better for either drop or scratch – we asked them to focus on improving both drop and scratch, and they delivered with Gorilla Glass Victus.”

In lab tests, Gorilla Glass Victus achieved drop performance up to 2 meters when dropped onto hard, rough surfaces. Competitive aluminosilicate glasses from other manufacturers typically fail when dropped from less than 0.8 meters. Gorilla Glass Victus also surpasses Corning^® Gorilla^® Glass 6 with up to a 2x improvement in scratch resistance. Additionally, the scratch resistance of Gorilla Glass Victus is up to 4x better than competitive aluminosilicate glasses.

Gorilla Glass has been designed into more than 8 billion devices by more than 45 major brands. Through the company’s Mobile Consumer Electronics (MCE) Market-Access Platform, Corning continues its legacy of innovation with its market-leading cover glasses as well as glass and optics for semiconductor products that enhance performance, deliver new connectivity features, enable new designs, and support immersive user experiences with augmented reality and 3D sensing.

Samsung will be the first customer to adopt Gorilla Glass Victus in the near future.

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This press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning’s financial results and business operations, that involve substantial risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include: the duration and severity of the recent COVID-19 (coronavirus) outbreak, and its ultimate impact across our businesses on demand, operations and our global supply chains; the effects of acquisitions, dispositions and other similar transactions by the Company, the effect of global business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; unanticipated disruption to equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.

For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. Forward-looking statements speak only as of the day that they are made, and Corning undertakes no obligation to update them in light of new information or future events.

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About Corning Incorporated
Corning (www.corning.com) is one of the world’s leading innovators in materials science, with a 169-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people’s lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries. Corning’s capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning’s markets include mobile consumer electronics, optical communications, automotive technologies, life sciences technologies, and display technologies.

Corning Media Relations Contacts:           
Sarah Pakyala
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Gabrielle Bailey                                 
(607) 974-6394                                              
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Corning Investor Relations Contact:
Ann H.S. Nicholson
(607) 974-6716
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